The digital arm of Aboitiz-led Union Bank of the Philippines has partnered with conglomerate Metro Pacific Investments Corp. (MPIC) as part of its efforts to make financial services more accessible to Filipinos.
Under the partnership, UnionDigital Bank will integrate its banking services into the app of MPIC’s mWell to provide patients with a holistic health and financial wellness experience.
Being the number one digital lender in the Philippines, UnionDigital is committed to providing innovative solutions to enable more individuals and businesses to obtain the financial resources they need to achieve their goals.
“Combining our expertise in digital banking and healthcare innovation, our partnership with mWell will enable us to offer cutting-edge solutions and seamlessly integrate our services into their app, making it easier for their customers to manage the financial aspects of their healthcare journey,” UnionDigital Bank President and CEO Henry R. Aguda said.
. “Together, we are committed to empowering mWell users to have greater control over their health, allowing them to focus on what truly matters – their health and well-being,” Aguda added.
mWell, on the other hand, aims to bring healthcare to more Filipinos here and abroad through its fully integrated, sustainable, and future-proof digital platform.
It provides a seamless end-to-end journey for its patients, from booking a video consultation to having their medicines delivered to their doorsteps.
Having the same objective of using innovation in providing ease and improving access to wellness for its customers, mWell and UnionDigital Bank will strive to make healthcare services more affordable by offering digital banking products, such as medical emergency loans and flexible payment terms, integrated within the mWell app.
“Joining forces with UnionDigital Bank is a major step towards improving the overall healthcare experience of our customers. It will bring a new level of convenience and support, enhancing our ability to deliver on our mission of empowering people to live their healthiest lives,” MWell President and CEO Chaye Cabal-Revilla said.
By working together, UnionDigital Bank and mWell can create a more efficient and effective digital experience that prioritizes the needs of its customers from health to finances.
This is a milestone for both UnionDigital Bank and mWell as they mark a major step forward in driving financial inclusion and improving the overall healthcare experience of its customers.